Alan’s Forex Blog

Hello Everyone, We have a major adjustment to the Anomaly. We are reducing our risk and at the same time increasing our profit potential. Please see the Rules & Methods (Anomaly both sides of the trade for the details). Order 1 was a market order with a stop loss of 150 pips and target of 40 pips Order 1 is now a limit order +/- 30 pips from the open of 0:00 GMT with a stop loss of 70 pips (is equal to 140 pips at 4% - reduced risk) and a target of 80 pips (10 pips above the original

Hello Everyone, Anomaly : Order 1 was stopped out, cancel all open orders now. Conquer : Order 1 on the Drop In took profit (+200 pips at 4.5%) Speculative : Order 1 was stopped out, cancel Order 2. Topics to discuss: Trading Education

Conquer : Open Drop In trade from 3/10/2008 Order 1 is currently open +130 pips. Open Drop In trade from 2/27/2008 Order 1 took profit (200 pips at 4.5%), Order 2 took profit  (+444 pips) and Order 3 is currently open (+121 pips).

Hello Everyone, Due to Day Light Savings time Oanda will be tighten it spreads now back at 0:00 GMT on Monday instead of 01:00 GMT. (let’s all check to confirm this today!) So all of today’s trades will take place at 0:00 GMT Anomaly : New buy order today at 0:00 GMT Conquer : New Drop In short entry today at 0:00 GMT Speculative : New orders today at 0:00 GMT (Order 1 buy & Order 2 sell)

Hello Everyone, Anomaly : Order 1 took profit and Order 2 stopped out. Cancel all open orders now. Conquer : Order 1 took profit (200 pips at 4.5%), Order 2 took profit  (+444 pips) and Order 3 is currently open (-42 pips). Speculative : Order 1 stopped out, cancel Order 2.

Hello Everyone, Thank you for the feedback on the training session topics. I will cover these three first as I felt they were excellent: 1.  What is the reason (basis) for the Anomoly, Speculative and Conquer trades?  Do they follow trends, go against trends, etc? 2.  How do the Anomoly and Speculative trades work together, is one trade made in case the other is going in the wrong direction, etc.? 3  Why just the GBPJPY currency pair?  Does it have good trend

Hello Everyone, I would like to setup a training session in the near future, please email me with topics you would like to go over to help you get in flow with the group. Anomaly : We have a buy order today at 0:00 GMT Conquer : Order 1 took profit (200 pips at 4.5%), Order 2 took profit  (+444 pips) and Order 3 is currently open (-42 pips). Speculative : We have a new buy order today at 0:00 GMT for Order 1 and sell for Order 2

Hello Everyone, Be on the look out for an addition to the Speculative account today (we will be starting tomorrow - documentation is done and found in the Rules & Methods). Anomaly : We have a new buy order today at 0:00 GMT Conquer : Order 1 took profit (200 pips at 4.5%), Order 2 took profit  (+444 pips) and Order 3 is currently open (+109 pips).